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Edited by alysomji, 29 July 2009 - 11:24 PM.
$VIX, EUR/USD, Signalling Short-term Weakness?
Started by
inamosa
, Jul 29 2009 11:21 PM
2 replies to this topic
#1
inamosa
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Patterns-based Trader and Investor in ETFs and Futures
Posted 29 July 2009 - 11:21 PM
Need that T/L broken on EUR/USD
I think it will break
This will confirm ST top in place
and then 938-945 may be next on the cash
I think it more likely than not that 938-945 will hold if tested on the cash
"Our job is not to predict where the market will go, but to interpret daily price and volume action to ascertain the facts of the current environment and make decisions based on that interpretation."
-Scott O'Neil (son of William O'Neil), Portfolio Manager at O’Neil Data Systems, when asked where the Dow would go in the coming months
-Scott O'Neil (son of William O'Neil), Portfolio Manager at O’Neil Data Systems, when asked where the Dow would go in the coming months
#2
inamosa
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Patterns-based Trader and Investor in ETFs and Futures
Posted 29 July 2009 - 11:42 PM
One more (might as well throw this in)
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"Our job is not to predict where the market will go, but to interpret daily price and volume action to ascertain the facts of the current environment and make decisions based on that interpretation."
-Scott O'Neil (son of William O'Neil), Portfolio Manager at O’Neil Data Systems, when asked where the Dow would go in the coming months
-Scott O'Neil (son of William O'Neil), Portfolio Manager at O’Neil Data Systems, when asked where the Dow would go in the coming months
#3
inamosa
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- Traders-Talk User
- 1,638 posts
Patterns-based Trader and Investor in ETFs and Futures
Posted 30 July 2009 - 10:04 AM
And something like today is why one waits for confirmation before shorting
"Our job is not to predict where the market will go, but to interpret daily price and volume action to ascertain the facts of the current environment and make decisions based on that interpretation."
-Scott O'Neil (son of William O'Neil), Portfolio Manager at O’Neil Data Systems, when asked where the Dow would go in the coming months
-Scott O'Neil (son of William O'Neil), Portfolio Manager at O’Neil Data Systems, when asked where the Dow would go in the coming months
